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Saturday, September 19, 2020

3 Things

Our flagship daily news show, where hosts Shashank Bhargava and Arun George talk to in-house experts about what is going on and why you need to care about it

Episode 773 March 9, 2020

Explaining the Yes Bank crisis

Last week, the RBI has stepped in to prevent Yes Bank, India’s fifth largest private bank, from going bust. But for the first few days, with caps on withdrawals, panic had started among depositors and investors. George Mathew explains how the Yes Bank crisis started, what moves the RBI is taking and whether investors and account holders need to worry. Then, P Vaidyanath Iyer details why capping of withdrawals is a bad idea, especially when India is going through a prolonged economic slowdown. Last, SBI’s plan and why Yes Bank founder Rana Kapoor was arrested. Stay tuned for the Coronavirus outbreak update at the end of the episode.


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Explaining the Yes Bank crisisLast week, the RBI has stepped in to prevent Yes Bank, India's fifth largest private bank, from going bust. But for the first few days, with caps on withdrawals, panic had started among depositors and investors. George Mathew explains how the Yes Bank crisis started, what moves the RBI is taking and whether investors and account holders need to worry. Then, P Vaidyanath Iyer details why capping of withdrawals is a bad idea, especially when India is going through a prolonged economic slowdown. Last, SBI's plan and why Yes Bank founder Rana Kapoor was arrested. Stay tuned for the Coronavirus outbreak update at the end of the episode. You can follow us and leave us feedback on Facebook and Twitter @expresspodcasts, or send us an email at podcasts@indianexpress.com. If you like this show, please subscribe and leave us a review wherever you get your podcasts, so other people can find us. You can also find us on https://www.indianexpress.com/audio.
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